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Federal Register / Vol. 86, No. 29 / Tuesday, February 16, 2021 / Rules and Regulations
i Airbus Helicopters Alert Service Bulletin No. AS35052.00.54, Revision 1, dated July 30, 2020.
ii Airbus Helicopters Alert Service Bulletin No. AS35552.00.32, Revision 1, dated July 30, 2020.
3 For Airbus Helicopters service information identified in this AD, contact Airbus Helicopters, 2701 N Forum Drive, Grand Prairie, TX 75052; telephone 972641
0000 or 8002320323; fax 9726413775; or at https www.airbus.com/helicopters/
services/technical-support.html.
4 You may view this service information at the FAA, Office of the Regional Counsel, Southwest Region, 10101 Hillwood Pkwy., Room 6N321, Fort Worth, TX 76177. For information on the availability of this material at the FAA, call 8172225110.
5 You may view this service information that is incorporated by reference at the National Archives and Records Administration NARA. For information on the availability of this material at NARA, email fedreg.legal@nara.gov, or go to: https
www.archives.gov/federal-register/cfr/ibrlocations.html.
Issued on January 29, 2021.
Gaetano A. Sciortino, Deputy Director for Strategic Initiatives, Compliance & Airworthiness Division, Aircraft Certification Service.
FR Doc. 202103063 Filed 21021; 4:15 pm BILLING CODE 491013P

SECURITIES AND EXCHANGE
COMMISSION
17 CFR Part 200
Release Nos. 3310913; 3490787; IA
5656; IC34151

Modernization of Delegations of Authority to Commission Staff and Division and Office Descriptions Securities and Exchange Commission.
ACTION: Final rule.
AGENCY:

The Securities and Exchange Commission the Commission is amending its rules delegating authority to the Commissions staff to modernize these rules and more efficiently use the Commissions resources, as well as descriptions of the responsibilities of its divisions and offices.
DATES: This rule is effective February 16, 2021.
FOR FURTHER INFORMATION CONTACT: J.
Matthew DeLesDernier, Assistant Secretary, Office of the Secretary, 202
5515400, Securities and Exchange Commission, 100 F Street NE, Washington, DC 205499040.
SUPPLEMENTARY INFORMATION: The Commission is adopting new rules 17
CFR 200.19e Article 19e, 17 CFR

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SUMMARY:

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oversight, thereby preserving the Commissions resources for other activities. In addition, certain of the descriptions are no longer an accurate reflection of the responsibilities of the CFR citation respective divisions and offices. We 17 CFR
have determined, therefore, to make a number of amendments to our rules 200.10
200.11 delegating authority to the staff and to 200.13 the division and office descriptions, as 200.13a discussed in detail below.

200.302 Article 302, and 17 CFR
200.303b Article 303b; we are adding and reserving 17 CFR 200.20a;
and we are adopting amendments to:
Commission reference Article Article Article Article Article Article Article Article Article Article Article Article Article Article Article Article Article Article Article Article Article Article Article Article Article Article Article Article Article Article Article
10
11
13
13a
13b
14
16
17
19a
19c
19d
21
21a
23a
24
24a
26a
27
301
303
303a
305
306
307
3010
3011
3013
3014
3015
3016
3018

200.13b 200.14
200.16
200.17
200.19a 200.19c 200.19d 200.21
200.21a 200.23a 200.24
200.24a 200.26a 200.27
200.301
200.303
200.303a 200.305
200.306
200.307
200.3010
200.3011
200.3013
200.3014
200.3015
200.3016
200.3018

I. Discussion The Commission is amending its rules delegating authority to the Commissions staff. Currently, the Commission delegates to its staff certain authorities that would otherwise be exercised only by the Commission itself.
These delegations are codified in our Rules of General Organization,1
alongside descriptions of the responsibilities of the divisions and offices.2 We are amending these rules to better reflect the way the Commission conducts its business and to use our resources more efficiently. In some cases, authority previously granted to a particular member of the staff is no longer appropriate, because, for example, the authority references a rule or process that has since been amended or rescinded or because the responsibility for the delegated activity should now rest with another member of the staff. In other instances, authority that is currently exercised only by the Commission could be exercised by the staff with appropriate Commission 1 Articles 301 through 3019 17 CFR 200.301
through 200.3019.
2 Articles 10 through 27 17 CFR 200.10 through 200.27.

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A. Delegation to the Director and Chief Economist of the Division of Economic and Risk Analysis We are delegating authority to the Director of the Division of Economic and Risk Analysis DERA and Chief Economist to update taxonomies and schemas required for use in Commission filings and made available on the Commissions website.3 DERA
maintains on the Commissions website a collection of taxonomies and schemas related to certain Commission structured data reporting requirements.4
A taxonomy is a list of standardized disclosure elements that covers a variety of concepts, and can contain descriptive labels, definitions, and authoritative references to standards and Commission regulations.5 Meanwhile, a schema defines the elements and attributes of a structured data report so that the report is appropriately constrained for machine-readability.6 Updates to these taxonomies and schemas are ministerial in nature. The updates generally reflect changes to the underlying standard such as to U.S. generally accepted accounting principlesto the underlying technology, to industry practice, or to Commission requirements. We believe that delegating authority for updates to taxonomies and schemas to the Director of DERA and Chief Economist will 3 Article
302.

4 Taxonomies;

www.sec.gov/structureddata/data_
taxonomies.
5 By referencing the same underlying taxonomy, structured data from different filers and over different reporting periods can be instantly aggregated and compared for analysis. Currently, DERAs website hosts the U.S. Generally Accepted Accounting Principles GAAP eXtensible Business Reporting Language XBRL Taxonomy, the International Financial Reporting Standards IFRS Taxonomy, the U.S. Mutual Fund Risk/
Return XBRL Taxonomy, the SEC Reporting Taxonomies SRT, the Record of Credit Ratings XBRL Taxonomy, the Draft Closed-End Fund Taxonomy, and the Draft Variable Insurance Product Taxonomy.
6 Currently, DERAs website hosts the Order Handling Data Schema for Broker-Dealers, the Exchange Transaction Fee Summary Schema for National Market System Stocks, the Draft Volcker Rule Metrics Instructions and Technical Specifications, and the Draft Financial Products Markup Language FpML and FIXML Schemas for Security-Based Swap Data Repositories.

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